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| Additional Info About maixenspwc |
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Products such as swaps, forward rate arrangements, exotic choices and other exotic derivatives are often traded in this method. The OTC derivative market is the biggest market for derivatives, and is largely unregulated with respect to disclosure of information between the celebrations, since the OTC market is comprised of banks and other extremely advanced parties, such as hedge funds.
According to the Bank for International Settlements, who first surveyed OTC derivatives in 1995, reported that the "gross market price, which represent the cost of changing all open contracts at the prevailing market prices, ... increased by 74% since 2004, to $11 trillion at the end of June 2007 (BIS 2007:24)." Positions in the OTC derivatives market increased to $516 trillion at the end of June 2007, 135% higher than the level recorded in 2004. https://louisvoau033.shutterfly.com/147 |
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